CBB stock: buy or sell?

CBB stock price: $14.64 -0.41% At close on March 31st, 2020

Updated on:
March 31st, 2020

2

Shares of Cincinnati Bell declined a lame -0.41% and closed at $14.64. On March 24th CBB skyrocketed an amazing 5.84%.

Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business customers in the United States.

Should I buy CBB stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Cincinnati Bell stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Cincinnati Bell stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for CBB stock for the last month.

CBB stock analysis

Daily outlook

Cincinnati Bell shares declined -0.41% to $14.64 today.

Cincinnati Bell closed today at $14.64 and declined a lame -0.41%. Since SMA100d and SMA200d crossed up on January, CBB price climbed $3.57 per share (32.25%). Since December when CBB stock price broke up the SMA200d line, it gained $8.19 (126.98%).

CBB stock chart (daily)

Weekly outlook

After boosting a dazzling 7.06% in a week last week, Cincinnati Bell closed this week at $14.64 and decreased a lame -0.61%. By mid March CBB plunged a spooky -7.67% in just one week.

Since SMA20d and SMA40w crossed up early January, CBB price climbed $4.26 per share (41.04%). Since price and SMA40w lines crossed up late November 2019, CBB climbed $8.32 (131.65%).

CBB stock chart (weekly)

CBB stock price history

CBB stock went public on March 17th, 1980 with a price of $0.001. Since then, CBB stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in CBB stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

CBB stock historical price chart

CBB stock reached 52-week highs on March/6 at $16.05, and all-time highs 2000-01-10 with a price of 204.47.

CBB stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price prediction for Cincinnati Bell stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Cincinnati Bell reported super good results for 2018-Q4 . Cincinnati Bell boosted Earnings per Share (EPS) by 292.90%, beating analysts estimates of $-0.14. Cincinnati Bell posted $-0.55.
CBB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a1.76n/a
2017-Q2-n/a0.07n/a
2017-Q32017-11-02-0.01-0.33n/a
2017-Q42018-02-150.06-0.18n/a
2018-Q12018-05-09-0.15-0.19n/a
2018-Q22018-08-08-0.13-0.19n/a
2018-Q32018-11-08-0.17-0.16n/a
2018-Q42019-02-14-0.14-0.55n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Cincinnati Bell annual turnover skyrocketed an extraordinary 29.32% to $1,378.20 M USD from $1,065.70 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) slipped a -8.82% to -5.06%.

CBB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,260 M-$-54.70 M-4.3%-
2014$1,278 M1.44%$76 M5.9%-238.21%
2015$1,168 M-8.64%$354 M30.3%367.86%
2016$1,186 M1.54%$102 M8.6%-71.13%
2017$1,066 M-10.13%$40 M3.8%-60.82%
2018$1,378 M29.32%$-69.80 M-5.1%-274.50%

Quarterly financial results

Cincinnati Bell reported $399.00 M in revenues for 2018-Q4, a 3.18% improvement compared to previous quarter. Reported quarter income marked $-30.00 million with a profit margin of -7.52%. Profit margin slightly fell a -2.94% compared to previous quarter when profit margin was -4.58%. When comparing revenues to same quarter last year, Cincinnati Bell sales marked a scary slide and plunged a -23.85%. Looking back to recent quarterly results, Cincinnati Bell posted 3 positive quarters in a row.
CBB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$278 M-$60.40 M21.7%-
2017-Q2$294 M5.68%$2.10 M0.7%-96.52%
2017-Q3$289 M-1.63%$-11.20 M-3.9%-633.33%
2017-Q4$524 M81.19%$-16.80 M-3.2%50.00%
2018-Q1$296 M-43.57%$-8.30 M-2.8%-50.60%
2018-Q2$297 M0.37%$-13.80 M-4.6%66.27%
2018-Q3$387 M30.29%$-17.70 M-4.6%28.26%
2018-Q4$399 M3.18%$-30.00 M-7.5%69.49%

Cincinnati Bell ownership

When you are planning to invest in a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cincinnati Bell, 2.42% of all outstanding shares are owned by its staff.

Bearish positions for CBB stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

CBB
Market cap$740.1 M
Total shares50.6 M
Float shares45.0 M
  - Institutional holdings (%)100.2%
  - Insider holdings (%)2.4%
Shares in short selling0.0%

CBB summary

Tuesday, March 31st, 2020
Open$14.62
Close$14.64
Day range$14.60 - $14.85
Previous close$14.70
Session gain-0.41%
Average true range$0.90
50d mov avg$13.54
100d mov avg$10.75
200d mov avg$7.82
Daily patternlt02a
Weekly pattern

Cincinnati Bell performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Cincinnati Bell against in the following table:
Stock3m6m12m
CBBCincinnati Bell41.04%233.49%42.69%

Cincinnati Bell competitors

Unfortunately, we could not find any public company that could be defined as Cincinnati Bell competitor. This doesn't mean Cincinnati Bell does not have any competitor in the market, it's just we could not detected it.